Technology Exchange Agreement Template for Indonesia

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Key Requirements PROMPT example:

Technology Exchange Agreement

"I need a Technology Exchange Agreement for transferring proprietary AI software technology from our US-based company to an Indonesian technology firm, including comprehensive training provisions and data protection measures, with implementation scheduled for March 2025."

Document background
The Technology Exchange Agreement is essential for organizations seeking to transfer or exchange technological capabilities within Indonesia's jurisdiction. This document is particularly crucial given Indonesia's specific regulatory requirements for technology transfer, including mandatory provisions under Law No. 11 of 2019 and Government Regulation No. 20 of 2005. The agreement is commonly used when companies or institutions wish to share proprietary technology, technical knowledge, or systems while ensuring proper protection of intellectual property rights and compliance with local regulations. It includes detailed provisions for implementation, training, support, and quality control, while addressing Indonesia's local content requirements and technology transfer registration obligations. The document is particularly relevant for cross-border technology exchanges, requiring careful consideration of both Indonesian and international technology transfer regulations.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including their legal status and registered addresses

2. Background: Context of the agreement, including the parties' expertise and reasons for entering into the technology exchange

3. Definitions: Detailed definitions of technical terms, technology components, and key concepts used in the agreement

4. Scope of Technology Exchange: Detailed description of the technology to be exchanged, including technical specifications and implementation scope

5. Rights and Obligations: Specific rights and responsibilities of each party in relation to the technology exchange

6. Technology Transfer Process: Step-by-step process for implementing the technology exchange, including timeline and milestones

7. Intellectual Property Rights: Ownership and protection of IP rights, including pre-existing IP and newly developed technology

8. Confidentiality: Protection of confidential information and trade secrets shared during the exchange

9. Term and Termination: Duration of the agreement and circumstances under which it may be terminated

10. Compliance with Laws: Obligations to comply with Indonesian technology transfer regulations and registration requirements

11. Warranties and Representations: Guarantees regarding ownership, right to transfer, and quality of technology

12. Liability and Indemnification: Allocation of risks and responsibilities for damages

13. Dispute Resolution: Procedures for resolving disputes, including choice of forum and applicable law

14. General Provisions: Standard contractual clauses including notices, amendments, and severability

Optional Sections

1. Training and Support: Details of technical training and ongoing support if required for the technology implementation

2. Joint Development: Terms for collaborative development of new technologies or improvements

3. Quality Control: Standards and procedures for maintaining quality in technology implementation

4. Export Control: Compliance with export control regulations if technology transfer involves international elements

5. Performance Metrics: Specific performance standards and evaluation criteria for the technology

6. Commercialization Rights: Terms for commercial exploitation of the technology in specific markets

7. Source Code Escrow: Arrangements for software source code escrow if applicable

8. Local Content Requirements: Compliance with Indonesian local content requirements if applicable

Suggested Schedules

1. Schedule A - Technical Specifications: Detailed technical specifications of the technology being exchanged

2. Schedule B - Implementation Timeline: Detailed timeline for technology transfer and implementation milestones

3. Schedule C - Training Program: Detailed outline of training programs and knowledge transfer activities

4. Schedule D - Quality Standards: Specific quality standards and testing procedures

5. Schedule E - Support Services: Details of technical support and maintenance services

6. Schedule F - Commercial Terms: Pricing, payment terms, and commercial conditions

7. Appendix 1 - Technical Documentation: User manuals, technical guides, and other documentation

8. Appendix 2 - Compliance Certificates: Relevant regulatory approvals and compliance certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Information Technology

Manufacturing

Telecommunications

Healthcare Technology

Financial Technology

Automotive

Energy

Agriculture Technology

Education Technology

Industrial Automation

Biotechnology

Clean Technology

Defense Technology

Mining Technology

Relevant Teams

Legal

Research and Development

Engineering

Compliance

Technology Transfer Office

Innovation

Project Management

Operations

Business Development

Intellectual Property

Technical Implementation

Commercial

Relevant Roles

Chief Technology Officer

Head of Research and Development

Legal Counsel

Technology Transfer Manager

Intellectual Property Manager

Chief Innovation Officer

Technical Director

Compliance Officer

Business Development Manager

Project Manager

Technology Implementation Manager

Chief Legal Officer

Head of Engineering

Commercial Director

Operations Manager

Research Director

Technology Acquisition Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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